Reach (LON:RCH) Announces Quarterly Earnings Results

Reach (LON:RCH) released its quarterly earnings data on Tuesday. The company reported GBX 25.30 ($0.33) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Reach had a return on equity of 6.35% and a net margin of 7.49%.

Reach Stock Performance

RCH remained flat at GBX 85 ($1.10) during trading hours on Thursday. The company had a trading volume of 1,226,466 shares, compared to its average volume of 756,734. The company’s 50 day simple moving average is GBX 83.25 and its 200-day simple moving average is GBX 90.17. Reach has a twelve month low of GBX 66.55 ($0.86) and a twelve month high of GBX 112.80 ($1.45). The firm has a market cap of £268.22 million, a price-to-earnings ratio of 6.47, a PEG ratio of -0.37 and a beta of 1.01. The company has a current ratio of 0.76, a quick ratio of 0.98 and a debt-to-equity ratio of 8.27.

Reach Company Profile

Reach plc is the UK’s and Ireland’s largest commercial news publisher. It is home to over 120 trusted brands, from national titles like the Mirror, Express, Daily Record and Daily Star, to local brands like MyLondon, BelfastLive and the Manchester Evening News.

With a purpose to enlighten, empower and entertain through brilliant journalism, these brands deliver the latest news, entertainment and sport to communities throughout the UK and Ireland and around the world every day.